San Diego, CA – March 28, 2019 – Turtle Beach
(Nasdaq: HEAR), the global leader in gaming headsets and audio accessories,
today announced it has sold over 30 million gaming headsets since pioneering
the market in 2005. Per the latest NPD data, in February 2019 the Company’s
latest lineup of high-quality gaming headsets for Xbox One, PlayStation®4,
Nintendo Switch™, PC, and mobile devices propelled it achieve the distinction
of selling over 30 million gaming headsets in North America, life-to-date1.
Turtle Beach has been the reigning market leader in gaming headsets by units for
the past seven consecutive years2, and has also been the market
leader in gaming headsets by revenue for the past nine consecutive years3.

“Crossing this 30 million milestone
is a great achievement that validates our commitment to leading in innovation
and delivering the largest assortment of high-quality gaming headsets, and it
shows the power of the Turtle Beach brand,” said Juergen Stark, CEO, Turtle
Beach. “With over 12 million more headsets sold life-to-date compared to the
next competitor in the space4, gamers are clearly coming back to
Turtle Beach for more, and that’s very reassuring given where we’re looking to
take the company in the future.”

Turtle Beach is off to a busy start in
2019, with a handful of significant announcements over the past weeks. First, Turtle
Beach recently unveiled its Recon 70
series of gaming headsets. The Recon 70
is a fantastic entry-level gaming headset offering powerful sound and mic
performance for a MSRP of $39.95 and is the all-new successor to Turtle Beach’s
Recon 50 – the #1 selling wired
gaming headset in North America for the past two years5. Turtle
Beach’s Stealth 600
for Xbox One and PlayStation®4 also continues its leading position as
North America’s best-selling wireless gaming headset for all of 2018 and 2019 to
date6, with the latest white version of the headset now available
globally. And in late 2018 Turtle Beach successfully launched its all-new Atlas line of gaming headsets
built for gamers playing on PC, with the flagship Elite Atlas
Pro Performance PC Gaming Headset being extremely well-received by both fans and
core gaming and tech editorial publications, including PC Mag,
PC
World, Windows
Central, Tom’s
Guide, Games Radar,
and more.

Turtle Beach (www.turtlebeach.com) has been transforming console
multiplayer gaming since the very beginning with its wide selection of
industry-leading, award-winning gaming headsets. Whether you’re a professional
esports athlete, hardcore gamer, casual player, or just starting out, Turtle
Beach has the gaming headset to help you truly master your skills. Innovative
and advanced technology, amazing high-quality gaming audio, clear
communication, lightweight and comfortable designs, and ease-of-use are just a
few features that have made Turtle Beach a fan-favorite brand for gamers the
world over. Made for Xbox, PlayStation®, and Nintendo consoles as
well as for PC, Mac®, and mobile/tablet devices, having a Turtle
Beach gaming headset in your arsenal gives you the competitive advantage. The
Company's shares are traded on the NASDAQ Exchange under the symbol: HEAR.

Cautionary Note on Forward-Looking Statements

This press release includes forward-looking information and
statements within the meaning of the federal securities laws. Except for
historical information contained in this release, statements in this release
may constitute forward-looking statements regarding assumptions, projections,
expectations, targets, intentions or beliefs about future events. Statements
containing the words “may”, “could”, “would”, “should”, “believe”, “expect”,
“anticipate”, “plan”, “estimate”, “target”, “project”, “intend” and similar
expressions constitute forward-looking statements. Forward-looking statements
involve known and unknown risks and uncertainties, which could cause actual
results to differ materially from those contained in any forward-looking
statement. Forward-looking statements are based on management’s current belief,
as well as assumptions made by, and information currently available to,
management.

While the Company believes that its expectations are based upon
reasonable assumptions, there can be no assurances that its goals and strategy
will be realized. Numerous factors, including risks and uncertainties, may
affect actual results and may cause results to differ materially from those
expressed in forward-looking statements made by the Company or on its behalf.
Some of these factors include, but are not limited to, risks related to the
Company’s liquidity, the substantial uncertainties inherent in the acceptance
of existing and future products, the difficulty of commercializing and
protecting new technology, the impact of competitive products and pricing,
general business and economic conditions, risks associated with the expansion
of our business including the implementation of any businesses we acquire, our
indebtedness, and other factors discussed in our public filings, including the
risk factors included in the Company’s most recent Quarterly Report
on Form 10-Q and the Company’s other periodic reports. Except as
required by applicable law, including the securities laws of the United States
and the rules and regulations of the Securities and Exchange Commission, the
Company is under no obligation to publicly update or revise any forward-looking
statement after the date of this release whether as a result of new
information, future developments or otherwise.

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*Trademark Information: HyperSound® and HSS are registered trademarks of Turtle Beach Corporation. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.